Mitchell E. Fadel - 14 Feb 2022 Form 4 Insider Report for RENT A CENTER INC DE (UPBD)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: UPBD
Reported as of: 14 Feb 2022
Net transaction value: +$6,487,599
SEC form: 4
Accepted by SEC: 16 Feb 2022, 16:13:19 UTC
Prior SEC filing: 16 Jun 2021
Next SEC filing: 01 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Bryan Pechersky, attorney-in-fact

Filing notes and source

Key filing fact

Mitchell E. Fadel filed Form 4 for RENT A CENTER INC DE (UPBD) on 16 Feb 2022.

Key facts

This page summarizes Mitchell E. Fadel's Form 4 filing for RENT A CENTER INC DE (UPBD).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 16 Feb 2022, 16:13.

Change

Previous filing in this sequence was filed on 16 Jun 2021.
Current net transaction value: +$6,487,599.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UPBD transaction

COMMON STOCK

Award

Transaction value: $10,450,328
Shares: +268,370
Change %: +75%
Price: $38.94
Shares after: 625,845
Date: 14 Feb 2022
Ownership: Direct
Footnotes: F1, F2

UPBD transaction

COMMON STOCK

Tax liability

Transaction value: $3,962,729
Shares: -101,765
Change %: -16%
Price: $38.94
Shares after: 524,080
Date: 14 Feb 2022
Ownership: Direct
Footnotes: F2, F3

UPBD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,116
Date: 14 Feb 2022
Ownership: Company 401(k) Plan

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Company's relative TSR over the three-year measurement period ending December 31, 2021, established in connection with performance-based restricted stock units granted to the reporting person on April 1, 2019, ranked in the 91st percentile, resulting in the vesting of 200% of such performance-based restricted stock units.

Footnote F2

Includes shares of common stock and unvested restricted stock units.

Footnote F3

Number of shares withheld to cover taxes with respect to performance-based restricted stock units which vested on February 14, 2022.